$150 Million Seized from Lebanese Bank by U.S. Authorities
On Monday, U.S. authorities said that they had seized $ 150 million from a Lebanese bank. The bank is alleged…
Legal News
$60,000 Judgment against a Blogger Overruled by Minnesota State Court of Appeals
On Monday, the Minnesota State Court of Appeals reversed a $ 60,000 judgment against controversial blogger John Hoff. In its…
Second Circuit Court of Appeals Rules Investors Can Have Access to Argentine Bank Documents
On Monday, a three-judge panel of the 2nd U.S. Circuit Court of Appeals in New York said in an opinion…
Taxi Medallion Sale Denied by Court in NYC
On Friday, a state judge issued a ruling that a new plan to expand city cabs outside of Manhattan is…
Flight Attendants for American Airlines Vote ‘Yes’ for New Contract
American Airlines is attempting to cut its costs in bankruptcy protection as its flight attendants have approved a new contract…
San Bernardino City Bankruptcy Challenged by Bondholders and Insurers
On Wednesday, the Bond insurer National Public Finance Guarantee Corporation, a unit of MBIA, alleged in a filing that San…
Beard Denied, Justice Denied: Fort Hood Shooter Court Martial Indefinitely Postponed
On Friday, the court martial for accused Fort Hood shooter Maj Nidal Hassan was indefinitely postponed pending the decision whether…
ZeekRewards.com Closed Down over $600 Million Ponzi Scheme
On Friday, U.S. District Judge Graham Mullen in Charlotte, North Carolina, issued an emergency freeze on the $ 225 million…
U.S. Sues Florida over Prison Kosher
On Tuesday, the Federal government filed a suit against the Florida Department of Corrections in the U.S. District Court in…
ATP Files for Bankruptcy
On Friday, Gulf of Mexico producer ATP Oil & Gas Corp filed for Chapter 11 bankruptcy protection. ATP blamed its…
Medical Marijuana Patients Sue Los Angeles
On Friday, a group of medical marijuana patients sued the city of Los Angeles. The plaintiffs sought blocking a citywide…
Oracle Settles Charges with SEC
A $2 million fine will be paid by Oracle Corp to settle charges from the U.S. Securities and Exchange Commission.…